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Description

When you enroll for courses through Coursera you get to choose
for a paid plan or for a free
plan .

Free plan: No certicification and/or audit
only. You will have access to all course materials except
graded items.

Paid plan: Commit to earning
a Certificate—it's a trusted, shareable way to showcase your new
skills.

About this course: Have you ever wanted to invest in financial markets, but were always afraid that you didn’t have the proper tools or knowledge to make informed decisions? Have you ever wondered how investment management companies operate and what fund managers do? AXA Investment Managers, in partnership with HEC Paris, will introduce you to the most important ideas and concepts in investment management, to help you better understand your financial future. This course will enable you to: • Define what type of investor you are, your investment objectives, and potential constraints. • Identify the main investable assets and important players in financial markets. • Understand basic port…

Frequently asked questions

When you enroll for courses through Coursera you get to choose
for a paid plan or for a free
plan .

Free plan: No certicification and/or audit
only. You will have access to all course materials except
graded items.

Paid plan: Commit to earning
a Certificate—it's a trusted, shareable way to showcase your new
skills.

About this course: Have you ever wanted to
invest in financial markets, but were always afraid that you didn’t
have the proper tools or knowledge to make informed decisions? Have
you ever wondered how investment management companies operate and
what fund managers do? AXA Investment Managers, in partnership with
HEC Paris, will introduce you to the most important ideas and
concepts in investment management, to help you better understand
your financial future. This course will enable you to: • Define
what type of investor you are, your investment objectives, and
potential constraints. • Identify the main investable assets and
important players in financial markets. • Understand basic
portfolio management techniques. • Apply these techniques in real
case studies from the outset, through practical assessments.
Finally, we will provide a comprehensive overview of today's asset
management industry: the product cycles, professionals, and
regulations. For those who want to identify a talented fund manager
to invest for you, we offer important criteria for selecting one.
For those who are interested in learning more about this
fascinating industry, we lay the foundation for your ongoing
financial journey. Join us now to explore the world of investment
management! Course Launching Date The first session of the course
will be launched on April 11th, 2016. Course Specialists The course
has been developed in collaboration between HEC Paris, with Hugues
Langlois managing the academic aspect, and AXA Investment Managers
specialists, sharing their experiences and expertise and
coordinated by Marion Le Morhedec. AXA Investment Managers
participants include Maxime Alimi, Stephanie Condra, Nicholas
Jeans, Elodie Laugel, Pierre-François de Mont-Serrat, Jean-Gabriel
Pierre (AXA Group), Dorothée Sauloup, Irina Topa-Serry, Fiona
Southall, Patrice Viot Coster, Susanna Warner, and Joachim
Weitgasser. Recommended Background We expect most participants to
have a basic level of knowledge in mathematics and economics.
However this is not essential, and we believe that people from any
background can succeed with commitment and a strong interest. Be
aware that in the case study, you will have to use Excel. Course
Format This course will run for 4 weeks and consists of 4 modules,
each with a series of lecture videos between 5 to 8 minutes long.
Each module contains a set of practice and graded quiz questions. A
complete portfolio management exercise covers concepts learned in
all modules Language The course is in English, with Italian,
German, French, and Chinese (Simplified) subtitles. The Project The
preparation of this MOOC has been an exciting adventure for many
professionals at AXA Investment Managers and HEC, both for the
speakers and a wealth of contributors. Thank you to all of them. We
hope you enjoy this course as much as we enjoyed creating it!

HEC Paris HEC Paris, founded in 1881 by the Paris Chamber of
Commerce and Industry, is one of France’s oldest elite higher
education Grandes Ecoles. Throughout its 130-year history, HEC
Paris has consistently attracted individuals highly capable and
talented, innovative and entrepreneurial, ambitious and
open-minded, capable of becoming architects of a responsible world.
What makes HEC unique is its conviction shared by the HEC
community: knowledge determines the freedom and entrepreneurship
required for a better world.

Syllabus

WEEK 1

Defining Your Objectives and Universe

As the first module of the course, we will start with helping you
to identify which kind of investor you are, and what are your
investment objectives. Then, we will give you an overall view of
investible assets and the financial market. In addition, we will
introduce the concepts of risk and returns in portfolio management
which will help you to make better investment decisions.

This is the second week of our study. We first learn how to
optimize a portfolio allocation given your investment objectives.
Then we will learn how to integrate your investment constraints to
find a feasible investment solution. You will use asset pricing
models to improve your portfolio performance by improving your
understanding of financial asset returns. Finally, you will apply
different hedging techniques to remove unwanted risk in our
portfolios.

6 videos, 7 readings, 2 practice quizzes expand

Video: Introduction to Module
2

阅读: What will you learn?

Video: How to use
quantitative method to optimize portfolio construction

阅读: Supporting material

Video: How do constraints and
regulations impact portfolio construction？

阅读: Supporting material

Video: The importance of
asset pricing in portfolio management

阅读: Additional (optional)
videos

练习测验: Practice Quiz - Module
2 Lesson 1

阅读: What will you learn?

Video: Strategic versus
tactical allocation

Video: Hedging techniques:
how to protect portfolio against undesired risk

We take in this module a closer look at investment strategies. We
start by examining both quantitative active and qualitative
strategies, and understanding their respective benefits. In the
second lesson, we will learn how to apply these strategies in real
life, including how to translate a strategies into transactions. We
finish by examining extreme events in financial markets during
which investment strategies were challenged.

7 videos, 8 readings, 2 practice quizzes expand

Video: Introduction to Module
3

阅读: What will you learn?

阅读: Additional (optional)
videos

Video: The economics of
active management

Video: Active management:
quantitative approach

阅读: Supporting material

Video: Active management:
discretionary approach

阅读: Suggested reading

Video: Investment management
decisions

练习测验: Practice Quiz - Module
3 - Lesson 1

阅读: What will you learn?

Video: How to manage trading
efficiently

阅读: Suggested reading

Video: How to manage extreme
events in financial markets

阅读: Supporting material and
suggested reading

练习测验: Practice Quiz - Module
3 - Lesson 2

阅读: Next quiz for advanced
learners (honor track)

Graded: Graded Quiz Module 3Graded: Quiz for honor track - part 2

WEEK 4

The Asset Management Industry: Selecting or Becoming a Fund
Manager

In this final module, we cover the details of the asset management
industry. We start by understanding what it takes to make a proper
decision when hiring a fund manager. We will learn how to evaluate
his or her performance, and to select the right one depending on
our investment objectives. Then, we cover the functioning of an
asset management firm. We will learn the different career paths
within an asset management firm. We will also cover the different
stages of the life cycle of an investment product, including the
role of each department within the firm and the impact of
regulations on their design.